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20140426
20140504
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what angle a merkel has to say much more than what the obama administration has to say. they're also going along with small targeted sanctions, but the stakes are a lot higher for europeans. russia's strength with europe is ten times russia's strength with the u.s. >> schieffer: he could also cut off the gas. >> he could cut off the gas and that might not seem as much of a problem as we go into spring and summer but come into winter he has the ability to make it very, very cold indeed, especially northern europe. so they, i think, would like to take little baby steps along the way and hope that that will have an impact. they seem to be comfortable with the americans going harder and harsher, but i don't think that that will change putin's calculus. yes, the russian stock market is down. yes, the -- it hasn't changed putin's posture a notch. so it's going to take something of the order of getting russians out of swift which is this interbanking deal that allows banks to trade currencies with each other. if you take russia out of that union, then all of russia's banks immediately go in
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